Recent articles
Relief for Private Company Franchisors applying ASC 606
How private company franchisors apply ASC 606.
How Manufacturers Can Save on Sales/Use Tax for Government Contracts
Manufacturing companies that sell equipment to the federal government or government contractors could be eligible for a tremendous tax benefit. The opportunity can help reduce sales/use taxes paid for consumables purchased in support of such government contracts. The...
5 Steps to Prevent Material Weaknesses Before an Independent Audit
How to protect against material weakness as you prepare for an audit.
Depreciation Expense: Straight-Line Method Explained with a Finance Lease Example and Journal Entries
This article explains how to calculate depreciation expense.
Straight-Line Method of Depreciation Explained with a Finance Lease Example, Journal Entries
This article explains how to use the straight-line method of depreciation with examples and journal entries.
FASB Proposes Amendment for Guidance on ASC 842 Discount Rate
FASB issued a proposed amendment to ASC 842.